BK_Trader4Ever

BK_Trader4Ever

1) 50 MA about to cross UP 150 MA. 2) Double wall Fibonacci Support Line Meats 50 MA and that looks like strong support. 3) Stochastic and RSI is Undersold. 4) Volume little low so might drop to support line 2 get better volume and than go up. But I Think its going to bounce up from 50 MA and Support 1 ( Red Pattern or Blue Pattern ). Will C

BK_Trader4Ever

All 3 lines crossing in same dot. One of the lines is Fib level. Very strong resistance. RSI and STOCHASTIC oversold. Most likely drop down to 4200 get strong volume and 2nd time break true Resistance/fib level going up to around 5800-6000.